RAMAVISION
Rama Vision financials
- Market cap
- ₹174 Cr
- Sector
- Services
Quarterly results
Q1 FY27: revenue up 51.3%, net profit up 101.0% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 28 | 29 | 30 | 34 | 41 +45% | 42 +42% | 42 +43% | 51 +51% |
| EBITDA | 2 | 2 | 1 | 2 | 3 +63% | 4 +182% | 3 +69% | 4 +62% |
| Net profit | 1 | 0 | 1 | 1 | 2 +136% | 2 +363% | 1 +152% | 2 +101% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance +110.4% 1Y
1Y: ₹82.72 on 10 Sept 2025 → ₹174.05. High ₹185.6 (29 Apr 2026), low ₹81.03 (15 Sept 2025).
Financials, as filed
Revenue grew 33.1% a year over 2 years, FY24 to FY26. Operating margin held at 7.6%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹90 Cr | ₹114 Cr | ₹159 Cr |
| Operating profit | ₹7 Cr | ₹7 Cr | ₹12 Cr |
| Operating margin | 7.3% | 6.4% | 7.6% |
| Interest | ₹1 Cr | ₹2 Cr | ₹2 Cr |
| Depreciation | ₹1 Cr | ₹2 Cr | ₹2 Cr |
| Net profit | ₹3 Cr | ₹3 Cr | ₹6 Cr |
| Net margin | 3.8% | 2.5% | 3.7% |
| Cash from operations | ₹6 Cr | ₹-3 Cr | ₹1 Cr |
| Free cash flow | ₹-13 Cr | ₹-4 Cr | ₹-1 Cr |
| ROCE | 15.0% | 12.0% | 20.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹10 Cr | ₹10 Cr | ₹10 Cr | ₹10 Cr | ₹10 Cr | ₹10 Cr |
| Reserves | ₹8 Cr | ₹9 Cr | ₹12 Cr | ₹17 Cr | ₹23 Cr | ₹26 Cr |
| Borrowings | ₹4 Cr | ₹8 Cr | ₹10 Cr | ₹19 Cr | ₹21 Cr | ₹21 Cr |
| Other liabilities | ₹3 Cr | ₹5 Cr | ₹5 Cr | ₹10 Cr | ₹15 Cr | ₹19 Cr |
| Total liabilities | ₹26 Cr | ₹33 Cr | ₹37 Cr | ₹57 Cr | ₹69 Cr | ₹76 Cr |
| Fixed assets | ₹7 Cr | ₹9 Cr | ₹9 Cr | ₹29 Cr | ₹29 Cr | ₹29 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹1 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹18 Cr | ₹24 Cr | ₹27 Cr | ₹27 Cr | ₹40 Cr | ₹47 Cr |
| Total assets | ₹26 Cr | ₹33 Cr | ₹37 Cr | ₹57 Cr | ₹69 Cr | ₹76 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, promoters added +0.50 pp while the public trimmed −0.45 pp. The shareholder count shrank 5% to 15,063.
- Promoters
- 54.7%
- Public
- 45.3%
Since Jun 2025
- Promoters +0.50 pp
- Public −0.45 pp
- DIIs −0.05 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 54.2%, DIIs 0.1%, Public 45.7%.Dec '23: Promoters 54.2%, DIIs 0.1%, Public 45.7%.Mar '24: Promoters 54.2%, DIIs 0.1%, Public 45.7%.Jun '24: Promoters 54.2%, DIIs 0.1%, Public 45.7%.Sep '24: Promoters 54.2%, DIIs 0.1%, Public 45.7%.Dec '24: Promoters 54.2%, DIIs 0.1%, Public 45.7%.Mar '25: Promoters 54.2%, DIIs 0.1%, Public 45.7%.Jun '25: Promoters 54.2%, DIIs 0.1%, Public 45.7%.Sep '25: Promoters 54.6%, DIIs 0.1%, Public 45.3%.Dec '25: Promoters 54.7%, DIIs 0.1%, Public 45.2%.Mar '26: Promoters 54.7%, DIIs 0.1%, Public 45.2%.Jun '26: Promoters 54.7%, Public 45.3%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Mustafa Mazahir Khedwala +0.13 pp 2.64% held
The same filing shows 0 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Rama Vision Ltd above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| A U S Finance And Investments Private Limited | 14.71% | unchanged |
| RVL Finance And Investments Private Limited | 14.70% | unchanged |
| Satish Jain | 9.18% | unchanged |
| Sudha Jain | 5.05% | unchanged |
| Arhant Jain | 4.97% | unchanged |
| Udit Jain | 4.95% | unchanged |
| Mustafa Mazahir Khedwala | 2.64% | +0.13 pp |
| Dheeraj Kumar Lohia | 1.97% | unchanged |
| Keshav Garg | 1.08% | unchanged |
| Maneka Jain | 0.44% | unchanged |
| Shobha Jain | 0.22% | unchanged |
| Satish Jain HUF (Karta : Satish Jain) | 0.14% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
What the price assumes
AttractiveTo justify its price of ₹174, this stock must grow earnings at 16% every year for 7 years. Our analysis caps realistic growth at ~32%. At that growth it is worth ₹387 — upside of 122%.
- Growth the price implies
- 15.8% a year
- for 7 years, fading to 4%
- It has actually compounded at
- 32.3% a year
- net profit, FY24–FY26 · EPS 31.6%
- The gap
- -0.2 pp
- 122% downside if it only repeats history
Learn to analyse Rama Vision Ltd
Guides on how to read this kind of business and the numbers that matter.